Billionaire Has 10 Percent of Life Savings in Bitcoin, Foresees Value to Hit $2,000

Billionaire hedge fund investor Mike Novogratz, who made it into the Forbes billionaire list in 2008, revealed that he holds 10 percent of his net worth in Bitcoin and Ethereum.
Novogratz is considered as one of the early investors of Bitcoin and Ethereum.
The Bitcoin price declined throughout 2013 due to the Mt.
In 2013 for instance, Bitcoin price remained at one of its lowest points for 11 straight months, until it started to surge in November.
Novogratz, in particular, held onto his savings in Bitcoin throughout highly volatile periods when Bitcoin price declined by up to 30 percent in a period of weeks.